How to check the GST rates for various items using the revised GST table published by the Central Board of Indirect Taxes.

According to a recent advisory issued by the GSTN, the changes are aimed at reducing disputes, lowering the compliance burden ...

Coal Ministry reforms aim to rationalize tax burden, eliminate compensation cess, and address inverted duty anomalies for ...

Starting September 22, insurers can't claim input tax credit (ITC) on GST paid for commissions on individual health and life ...

The GST Council’s shift to a two-slab system may look consumer-friendly with lower rates, but denial of Input Tax Credit (ITC ...

Autos & Farm Equipment: Two-wheelers, farm equipment and passenger vehicles stand to benefit the most from lower GST rates, ...

Mumbai: The All India Organisation of Chemists and Druggists (AIOCD), representing over 1.25 million chemists and ...

The CBIC has clarified that taxes paid on inputs like brokerage and commission for individual life or health insurance ...

Starting September 22, 2025, individual health and life insurance premiums are GST-exempt, but insurers have lost their ITC eligibility on operational services like brokerage and commissions, except ...

This article examines advanced and practical challenges with the GST Input Service Distributor (ISD) mechanism, covering issues from expense identification to ITC eligibility and procedural ...

Understand the implications of GST rate changes on outward supplies, input tax credit, and tax liability. Learn how to handle billing, credit notes, and ...

Health and life insurance premiums are exempt from the 18% Goods and Services Tax (GST), bringing relief of up to Rs 3,050 ...